Fully Upgraded Trading Competition & More Rewards

DOS NETWORK
DOS NETWORK
Published in
3 min readJul 30, 2019

Dear DOS Network supporters and Binancians,

According to week1 participation rate and community feedback, we’re thinking that simply awarding according to trading volumes, and capping only to top 20 participants are not fair enough — it doesn’t encourage more people to use Binance DEX to contribute real trading volumes.

So we’ve decided to make some major rule updates for the remaining 3 weeks:

i) Top 5 participants will share 60% of weekly trading competition rewards proportional to their volumes.

ii) All the other qualified participants will equally share the remaining 40% of weekly trading competition rewards — there’s no cap on the number of winners anymore.

iii) To qualify for the awards, account must:

  • Hold at least 10,000 DOS BEP2 tokens and 3 BNB
  • A minimum daily trading volume of 25,000 DOS(Or A minimum weekly trading volume of 250,000 DOS )

iv) Schedule update :

  • Week2: 07/27 00:00 UTC ~ 08/04 23:59 UTC (4 days before rule change + 5 days after rule change,300,000 DOS and 90 BNB rewards)
  • Week3: 08/05 00:00 UTC ~ 08/11 23:59 UTC (7 days,400,000 DOS and 110 BNB rewards)
  • Week4: 08/12 00:00 UTC ~ 08/18 23:59 UTC (7 days,500,000 DOS and 130 BNB rewards)

🔥New event: Lottery

  • Addresses holding at least 10,000 DOS BEP2 tokens per day in a consecutive week are eligible for a weekly lottery of 5,000 DOS BEP2 tokens.
  • We’ll take a daily snapshot every day at a random time.

🔥Other activities:

  1. Token Holder Airdrop

We’ll airdrop 99.99 tokens to eligible BEP2 DOS token holders if the total number of eligible BEP2 DOS token holders is greater than 1,000 by snapshot time.

  • Snapshot time will be taken on August 18 00:00 UTC.
  • To be eligible for the airdrop the address needs to have at least 199.99 BEP2 DOS tokens by snapshot time.
  • The airdrop will be distributed within 48 hours after the snapshot time.
    Note that we’ll still airdrop 19.99 DOS tokens to eligible token holders even if the number of eligible BEP2 DOS token holders is less than 1,000 by snapshot time.

2. Partnership Airdrops will continue as we’re reaching new partnerships.

3. More other campaigns to be announced.

Please stay tuned for our following announcements.

👉We might change the rules again in the future to optimize participation and bring more rewards to token holders. Thanks for your understanding!

Project Summary:
DOS NETWORK is a scalable layer-2 network that implements Decentralized Oracle Services, aiming to provide real-world data and computing power for mainstream blockchains. It connects blockchain smart contracts with real-world data and events, and provides verifiable computing power for blockchains, enabling more application scenarios to be implemented. DOS Network can support a variety of mainstream blockchains, such as Ethereum, TRON, ThunderCore, Quarkchain, Ultrain and etc.

Trade $DOS/$BNB here: https://www.binance.org/en/trade/DOS-120_BNB
Binance Chain Asset Page: https://explorer.binance.org/asset/DOS-120
DEX Listing Proposal: https://community.binance.org/topic/247/proposal-for-listing-dos-network-dos-on-binance-dex

Get Social:
Twitter: https://twitter.com/DOSNetwork
English Telegram: https://t.me/dosnetwork_en
Chinese Telegram: https://t.me/dosnetwork_cn
Wechat Group: Search and add helper account dosnetwork001
Website: https://dos.network

--

--

DOS NETWORK
DOS NETWORK

Boost Blockchain Usability with Real World Data and Computation Power.